According to Odaily Planet Daily, payment giant Visa announced a partnership with Singapore's crypto payment provider dtcpay to launch a Crypto-to-fiat Card. The card is mainly aimed at ultra-high net worth (UHNW) individuals and supports users to convert cryptocurrencies such as stablecoins into fiat currencies using real-time exchange rates.

It is reported that the card is scheduled to open for public registration in the fourth quarter of this year, and may be expanded to the merchant side later.